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Thursday 3 October 2013

Italy Metals Report Q4 2013

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Italy Metals Report Q4 2013
Oct 2nd 2013, 00:00

Price: $ 1295  

The outlook for Italy's metals sector is far from encouraging, as a combination of cheap Chinese imports, low domestic demand and few project expansions mean that growth in consumption and production will stagnate over the period to 2017. However, we expect Italy to retain its position as the EU's second largest steelmaking country with a 16% share of production. The year did not well in terms of output. According to data from the Italian steel producers' association, Federacciai, the country's crude steel output fell by 11.6% year-on-year (y-o-y) in April, to 2.12mn tonnes. This was the 13th consecutive month in which a y-o-y decrease in national production was recorded. For the January-April 2013 period, Italy's crude steel output reached 8.27mn tonnes, a 15.8% y-o-y decrease. ...

Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/279665.html

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